Eldorado boosts La Colorada tonnage
Development drilling at La Colorada mine property near Hermosillo, Mexico, is proving successful for owner Eldorado (TSE). The proven and probable mineral resource is now estimated at 12 million tons …
News
EDITORIAL PAGE — Chretien and Team Canada
Canadians are experiencing something they have not felt for some time — widespread approval for an initiative launched by the prime minister. Jean Chretien’s recent trade mission to China was much mo…
More copper-gold at Lorraine property
Drilling on the Lorraine property in north-central British Columbia continues to return copper-gold intersections. Lysander Gold (VSE) is acquiring a 100% interest by spending $100,000 and issuing 200…
LETTERS TO THE EDITOR — International coverage overshadows
I have been a reader of The Northern Miner since 1928 in Cobalt, Ont., and never thought I would ever see the day when an entire front page (T.N.M., Oct. 31/94) covered only stories of out-of-country …
METALS COMMENTARY — Action brisk for base metal markets
Base metal markets are brisk in all respects. Smelters and refineries are running flat out, constrained only by their ability to acquire mine feed, and all publicly traded metal prices surged upwards …
COMMENTARY — The growing demand for nickel
In its weekly “Metals” report, Billiton Metals comments on the nickel market and the metal’s recent wide trading band and price rebound: Speculative activity was partly responsible for nickel’s renewe…
CRS draws up research plans
The Centre for Resource Studies (CRS) at Queen’s University in Kingston, Ont., has become leaner and more focused in its research. During the past year, in order to free up funds for research, CRS has…
Thunderwood explores Buchans
Geophysical and soil geochemical surveys are in progress on the Buchans base metal property in west-central Newfoundland. Current owner Thunderwood Resources (TSE) reports that the property hosted the…
Santa Fe acquires Bob Creek play
New York-listed Santa Fe Pacific Gold is set to acquire the Bob Creek gold property in Nevada’s Eureka Cty. To do so, it must spend at least US$150,000 on exploration over the next 12 months, and prog…
Inco advances McCreedy East
Nickel giant Inco (TSE) is moving ahead with plans to advance McCreedy East, its largest undeveloped nickel-copper deposit in Ontario’s Sudbury Basin, to the production stage. The first phase of devel…
EPA recommends actions for Kensington gold project
The Environmental Protection Agency (EPA) in the U.S. has concluded that certain specific actions should be taken for the Kensington gold project in Alaska to meet environmental requirements and compl…
STOCK MARKETS — Rising U.S. interest rates hinder TSE
Two factors helped drag the Toronto Stock Exchange lower over the 5-day report period ended Nov. 15: a falling Canadian dollar and rising Canadian interest rates in the wake of a recent decision by th…